e.l.f. Beauty – Consensus Indicates Potential 35.8% Upside

Broker Ratings
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e.l.f. Beauty with ticker code (ELF) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 42 and 24 with a mean TP of 33.44. Given that the stocks previous close was at 24.63 this indicates there is a potential upside of 35.8%. There is a 50 day moving average of 24.41 and the 200 day MA is 28.25. The market cap for the company is $1,358m. Company Website: https://www.elfcosmetics.com

The potential market cap would be $1,844m based on the market concensus.

e.l.f. Beauty, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors. The company was formerly known as J.A. Cosmetics Holdings and changed its name to e.l.f. Beauty in April 2016. e.l.f. Beauty was founded in 2004 and is headquartered in Oakland, California.

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